Earn $100,000, Pay High-Interest Debt

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GOBankingRates

•

Business

Business & Economics

If you’re earning $100,000, here’s what to do when you start making six figures

Summary

Nutrition label

66% Informative

There’s a chance you already might be making some of these money moves, even if you’re earning a little less.

Make sure you take these steps as soon as you start earning $ 100,000 .

Eliminate high-interest debt and maximize retirement contributions.

You may diversify with the purchase of fractional shares to spread investments across more companies, buying funds and investing in bonds or a diversified bond fund to help reduce risk in your portfolio. “Having an investing strategy helps you to stay focused and avoid group thinks and short-term trends in the markets,” Klaff said. More From GOBankingRates This article originally appeared on GOBankingRates.com : 7 Things You Must Do When You Start Making 6 Figures.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful